Skyworks Solutions Inc. SWKS is set to release first-quarter fiscal 2018 results on Feb 5. The company beat the Zacks Consensus Estimate in the trailing four quarters, with an average positive surprise of 3.36% […]
Model N Inc. MODN is scheduled to report first-quarter fiscal 2018 earnings on Feb 6. […]
Motorola Solutions Inc .’s MSI fourth-quarter 2017 earnings of $2.10 per share (excluding $5.66 from non-recurring items) surpassed the Zacks Consensus Estimate of $2.03. Also, the bottom line improved 3.5% from the year-ago figure owing to an increase in sales, driven by the strong performance of its land and mobile radio operations. Revenues increased 3.9% from the prior-year quarter to $1,957 million […]
Virtus Investment Partners Announces Investment in Sustainable Growth Advisers New growth equity affiliate would diversify strategies, broaden client base PR Newswire HARTFORD, Conn., Feb. 2, 2018 HARTFORD, Conn. […]
Shares of ICICI Bank Ltd. IBN have declined nearly 1% since the release of its third-quarter fiscal 2018 (ended Dec 31) results on Wednesday. Its net profit plunged 32% year over year to INR16.50 billion ($258 million). […]
Eastman Chemical Company EMN saw its profits soar in the fourth quarter of 2017, aided by strong growth of high-margin products in its specialty businesses. The chemical maker recorded profit of $581 million or $4.01 per share, a five-fold rise from the year-ago figure of $116 million or 79 cents. Barring one-time items, earnings were $1.62 per share for the quarter, up from $1.51 in the year ago-quarter. […]
Church & Dwight Co., Inc. CHD is slated to release fourth-quarter 2017 results on Feb 5. […]
Marsh & McLennan Companies, Inc. MMC reported fourth-quarter 2017 operating earnings per share of $1.05, beating the Zacks Consensus Estimate by 10.5%. Earnings improved 18% year over year on higher revenues. […]
There is no enigma in investors’ hunt for stocks with estimate beating potential ahead of an earnings season. This is because investors always try to place themselves ahead of time and look to play stocks that are rich in quality. Why Is a Positive Earnings Surprise So Important […]
Forum Merger Corporation Announces Transfer of Listing to NYSE in Connection with Business Combination with ConvergeOne PR Newswire NEW YORK and EAGAN, Minn., Feb. 2, 2018 NEW YORK and EAGAN, Minn. , Feb. […]
Lennar Announces Results of Early Tenders to Exchange Offers for CalAtlantic Notes and Related Consent Solicitations PR Newswire MIAMI, Feb. 2, 2018 MIAMI , Feb. 2, 2018 /PRNewswire/ — Lennar Corporation (NYSE: LEN and LEN.B) (“Lennar”) announced today that, in connection with its previously announced offers to exchange (the “Exchange Offers”) any and all of the outstanding 8.375% Senior Notes due 2018, 6.625% Senior Notes due 2020, 8.375% Senior Notes due 2021, 6.25% Senior Notes due 2021, 5.375% Senior Notes due 2022, 5.875% Senior Notes due 2024, 5.25% Senior Notes due 2026 and 5.00% Senior Notes due 2027 (collectively, the “CalAtlantic Notes”) issued by CalAtlantic Group, Inc. […]
For manufacturers of many traditional consumer staples, the past several years have been a transitionary period. Consumer habits are shifting, product preferences are changing, and companies are responding. […]
Weyerhaeuser Company WY is one of the leading U.S. forest product companies, offering logs, hardwood lumber, timber, poles and plywood, as well as minerals, oil, gas, seeds and seedlings to a diversified client base in the U.S., Canada, Japan, Europe and other regions. This Washington-based company has approximately $28 billion market capitalization. […]
Groupe Rocher Enters Into A Definitive Agreement To Acquire Arbonne International PR Newswire IRVINE, Calif. and PARIS, Feb. 2, 2018 IRVINE, Calif. […]
ABE Resources Completes Acquisition of Sirmac Lithium Property from Nemaska Lithium PR Newswire VAL-D’OR, QC, Feb. 2, 2018 VAL-D’OR, QC , Feb. 2, 2018 /PRNewswire/ – ABE Resources Inc. […]
ASSA ABLOY Acquires Phoniro in Sweden PR Newswire STOCKHOLM, Feb. 2, 2018 STOCKHOLM , Feb. […]
Ctrip’s Tours4fun acquires stake in India B2B venture Travstarz Global PR Newswire LOS ANGELES, Feb. 2, 2018 LOS ANGELES , Feb. 2, 2018 /PRNewswire/ — Tours4fun , a Ctrip (NASDAQ: CTRP) company, has ventured into the global B2B travel market with the acquisition of Travstarz Global Group, India’s top B2B company, as announced by Pankaj Nagpal and Sucheta Nagpal , the founders of Travstarz. […]
Five men and five women have been selected to sit in as jury on the proceedings at San Francisco's District Court for the Northern District of California between Alphabet’s GOOGL self-driving unit Waymo and the world’s most successful ride hailing service Uber. The case, which thus far has proceeded smoothly enough through testimony charging ex-Waymo employee Anthony Levandowski of stealing copious amounts of data (14,000 files to be exact) from Waymo that he transferred to himself before leaving the company to found self-driving trucking company Otto. Uber quickly acquired Otto thereafter. […]
Bloomberg and Marketwatch are reporting that eBay EBAY has new plans for independent operation after the expiry of its existing operating agreement with PayPal PYPL signed when the two companies separated for greater operational flexibility. Accordingly, it appears that the agreement, which expires in the middle of 2020, will not be renewed. Specifically, what it means is that eBay will not be promoting PayPal to its customers any more, nor will it try to maintain PayPal penetration on its platform at around 80%, Paypal will no longer devote resources to build payments products for eBay […]
As fourth-quarter earnings results are pouring in, the focus is back on the healthcare sector. High on President Trump’s agenda was an attempt to repeal and replace the Affordable Care Act. In less than a year, the Trump administration achieved its primary objectives, tax cuts and a new healthcare legislation, through the Tax Cuts and Jobs Act of 2017. […]
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